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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: HRAKA who wrote (19937)11/19/1997 3:03:00 PM
From: TLWatson59  Read Replies (4) of 55532
 
HRAKA and ALL: Good afternoon. Still groggy from the sedation but I was told all looked well. Thanks to those who sent their good wishes.

I have had a chance to look at today's price movement on the chart. The stock has reached the double bottom I alluded to last night which turns out to be 1 11/16 not 1 5/8. In any event, from a technical standpoint, it is imperative that this not be violated. If there continues to be a heavier concentration of selling the last support level around 1.50 does not look strong enough to hold. It is conceivable that the price could drop considerably lower if there are any pure chart players in the game who would stop themselves out.

Once again many thanks for the well wishes and good luck to all.

TLW

HRAKA if you could e-mail me I want to touch base with you on something.
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